3 ms·

There was a lot of stuff going on in the corp level that really caused a lot of the problems with supply of goods. https://www.sfgate.com/bayarea/article/Forme

There was a lot of stuff going on in the corp level that really caused a lot of the problems with supply of goods. https://www.sfgate.com/bayarea/article/Former-Fry-s-executive-guilty-in-embezzlement-case-2310208.php https://www.sfgate.com/bayarea/article/Former-Fry-s-executiv...

mc32 6y ago
I guess almost the same as CompUSA (maybe not as bad as CrazyEddie's tough). Bad/corrupt management. BestBuy tough had and has a much much broader client base and does not have to carry the large number of SKUs.
andrewem 6y ago
Wikipedia has a lot more detail about him. Basically a Fry’s VP arranged for $65 million in kickbacks from companies that wanted to see at Fry’s, and then gambled away even more than that, and ended up $137 million in debt: https://en.m.wikipedia.org/wiki/Ausaf_Umar_Siddiqui https://en.m.wikipedia.org/wiki/Ausaf_Umar_Siddiqui
- someperson 6y ago
  That's for the insightful Wikipedia link! Really speaks to the mismanagement how an individual can receive tens of millions in kickbacks and no-one else in management identified the fraud. I wonder how many other companies such behavior is happening in.
- flyinghamster 6y ago
  That reminds me of how TigerDirect ended up [0]. There's another one I sorely miss, especially since there was one store that was a ten-minute drive for me. [0] https://en.wikipedia.org/wiki/TigerDirect#Founders_convicted_of_fraud https://en.wikipedia.org/wiki/TigerDirect#Founders_convicted...